John Gachora

NIC Group Plc is a non-operating holding company, which engages in the provision of retail and corporate banking, brokerage, bancassurance, and investment banking services. It operates through the following segments: Corporate & Institutional Banking, Treasury Dealing & Brokerage, Retail Banking, and Investment Banking. The Corporate & Institutional Banking segment focuses on liability mobilization and asset growth for medium to large corporate clients and institutions. The Treasury Dealing & Brokerage segment focuses on institutions with a foreign exchange component in their business, and focuses on the execution of transactions at the Nairobi Securities Exchange on behalf of high net worth and institutional customers. The Retail Banking segment operates as a core deposit, transactional banker, and financier. The Investment Banking segment provides services to the large and medium sized companies for research, advisory, and capital restructuring requirements. The company was founded on September 29, 1959 and is headquartered in Nairobi, Kenya.

NIC Bank Tanzania Ltd. provides commercial banking services. It provides a wide range of financial products and services that include asset finance, personal and business current accounts, savings accounts, trade finance, insurance premium financing, foreign exchange services, and institutional banking. The company is headquartered in Dar-es Salaam, Tanzania.

BofA Securities, Inc. is a registered broker-dealer subsidiary of NB Holdings Corp., ultimately held by Bank of America Corp. (NYSE: BAC). Headquartered in New York, the firm was founded in 2015 and offers trade execution, trading or brokerage services to institutional clients.

Barclays Africa Ltd. provides banking services. The company is based in London, UK. Barclays Africa was founded in 2012. Barclays Africa was acquired by Absa Group Ltd. from Barclays PLC on July 31, 2013 for $2,078.77 million.